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Guangdong Create Century Intelligent Equipment Group (SZSE:300083) 3-Year RORE % : -37.74% (As of Sep. 2024)


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What is Guangdong Create Century Intelligent Equipment Group 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Guangdong Create Century Intelligent Equipment Group's 3-Year RORE % for the quarter that ended in Sep. 2024 was -37.74%.

The industry rank for Guangdong Create Century Intelligent Equipment Group's 3-Year RORE % or its related term are showing as below:

SZSE:300083's 3-Year RORE % is ranked worse than
76.87% of 2840 companies
in the Industrial Products industry
Industry Median: 1.62 vs SZSE:300083: -37.74

Guangdong Create Century Intelligent Equipment Group 3-Year RORE % Historical Data

The historical data trend for Guangdong Create Century Intelligent Equipment Group's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Guangdong Create Century Intelligent Equipment Group 3-Year RORE % Chart

Guangdong Create Century Intelligent Equipment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.24 -62.35 -246.15 710.00 -30.43

Guangdong Create Century Intelligent Equipment Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 528.57 -30.43 -40.63 -40.98 -37.74

Competitive Comparison of Guangdong Create Century Intelligent Equipment Group's 3-Year RORE %

For the Specialty Industrial Machinery subindustry, Guangdong Create Century Intelligent Equipment Group's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Guangdong Create Century Intelligent Equipment Group's 3-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Create Century Intelligent Equipment Group's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Guangdong Create Century Intelligent Equipment Group's 3-Year RORE % falls into.



Guangdong Create Century Intelligent Equipment Group 3-Year RORE % Calculation

Guangdong Create Century Intelligent Equipment Group's 3-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.14-0.34 )/( 0.53-0 )
=-0.2/0.53
=-37.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 3-year before.


Guangdong Create Century Intelligent Equipment Group  (SZSE:300083) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Guangdong Create Century Intelligent Equipment Group 3-Year RORE % Related Terms

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Guangdong Create Century Intelligent Equipment Group Business Description

Traded in Other Exchanges
N/A
Address
Weifeng Road, Jinsheng Intelligent Manufacturing Industrial Park, Administrative Office Building, Dongcheng District, Guangdong Province, Dongguan, CHN, 523007
Guangdong Create Century Intelligent Equipment Group Corp Ltd is engaged in research and development, production, sales and service of high-end intelligent equipment, with a complete range of CNC machine tools, including drilling and tapping machines, vertical machining centers, horizontal machining centers, gantry machining centers, CNC lathes, engraving and milling machines, and glass Series of precision processing equipment such as precision engraving machines, high-light machines, laser cutting machines. It is widely used in the processing of core components in the 5G industry chain, 3C consumer electronics, machinery manufacturing, medical equipment, new energy vehicles, auto parts, construction machinery and other fields.
Executives
Xia Jun Director
Wang Jian Director
Wang Qiong Supervisors
Zhou Qi Chao Directors, executives
Wang En Pei Supervisors
He Hai Jiang Director
Zhou Hong Min Directors, executives
Wang Jiu Quan Director
Fang Rong Shui Executives
Qian Cheng Executives
Yao Zhong Sheng Independent director

Guangdong Create Century Intelligent Equipment Group Headlines

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